JADIMAR: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
JADIMAR
Largest movements
- Cash -€21,083
down €21,083 (-32.8%), from €64,189 to €43,105
mainly Investment in fixed assets (net) (-€45,958) and Tax, wage and social debts (-€8,204)
- Tangible fixed assets +€13,121
up €13,121 (+2.9%), from €444,818 to €457,939
of which Land and buildings: +€17,442
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin -€12,715
down €12,715 (-23.0%), from €55,302 to €42,588
- Financial income +€5,906
up €5,906 (+157%), from €3,763 to €9,668
- Taxes -€4,062
down €4,062 (-43.7%), from €9,303 to €5,241
- Financial charges +€2,392
up €2,392 (+95.0%), from €2,518 to €4,910
- Other operating charges -€1,776
down €1,776 (-17.6%), from €10,071 to €8,295
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,104,105 | €1,095,535 | -€8,570 | -0.8% |
| Fixed assets | 21/28 | €444,818 | €457,939 | +€13,121 | +2.9% |
| Tangible fixed assets | 22/27 | €444,818 | €457,939 | +€13,121 | +2.9% |
| Land and buildings | 22 | €435,835 | €453,277 | +€17,442 | +4.0% |
| Plant, machinery and equipment | 23 | €593 | €1,371 | +€778 | +131% |
| Furniture and vehicles | 24 | €8,390 | €3,292 | -€5,099 | -60.8% |
| Leasing and similar rights | 25 | €0 | - | = | |
| Current assets | 29/58 | €659,287 | €637,595 | -€21,691 | -3.3% |
| Amounts receivable within one year | 40/41 | €8,252 | €8,245 | -€7 | -0.1% |
| Trade receivables | 40 | €654 | €841 | +€186 | +28.5% |
| Other amounts receivable | 41 | €7,598 | €7,404 | -€194 | -2.6% |
| Current investments | 50/53 | €586,846 | €586,245 | -€600 | -0.1% |
| Cash at bank and in hand | 54/58 | €64,189 | €43,105 | -€21,083 | -32.8% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €1,104,105 | €1,095,535 | -€8,570 | -0.8% |
| Equity | 10/15 | €1,081,322 | €1,083,171 | +€1,849 | +0.2% |
| Contributions | 10/11 | €6,205 | €6,205 | = | 0.0% |
| Reserves | 13 | €226,521 | €228,369 | +€1,849 | +0.8% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €34,161 | €31,533 | -€2,628 | -7.7% |
| Distributable reserves | 133 | €192,360 | €196,837 | +€4,476 | +2.3% |
| Profit (loss) carried forward | 14 | €848,596 | €848,596 | = | 0.0% |
| Provisions and deferred taxes | 16 | €11,387 | €10,511 | -€876 | -7.7% |
| Deferred taxes | 168 | €11,387 | €10,511 | -€876 | -7.7% |
| Amounts payable | 17/49 | €11,396 | €1,853 | -€9,543 | -83.7% |
| Amounts payable within one year | 42/48 | €9,476 | €1,273 | -€8,203 | -86.6% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €667 | €668 | +€1 | +0.2% |
| Suppliers | 440/4 | €667 | €668 | +€1 | +0.2% |
| Taxes, remuneration and social security | 45 | €8,809 | €605 | -€8,204 | -93.1% |
| Taxes | 450/3 | €8,809 | €605 | -€8,204 | -93.1% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €1,920 | €580 | -€1,340 | -69.8% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,512 | €32,837 | +€326 | +1.0% |
| Other operating charges | 640/8 | €10,071 | €8,295 | -€1,776 | -17.6% |
| Gross operating margin | 9900 | €55,302 | €42,588 | -€12,715 | -23.0% |
| Operating profit (loss) | 9901 | €12,720 | €1,456 | -€11,264 | -88.6% |
| Financial income | 75/76B | €3,763 | €9,668 | +€5,906 | +157% |
| Recurring financial income | 75 | €3,763 | €9,668 | +€5,906 | +157% |
| Financial charges | 65/66B | €2,518 | €4,910 | +€2,392 | +95.0% |
| Recurring financial charges | 65 | €2,518 | €4,910 | +€2,392 | +95.0% |
| Profit (loss) for the period before taxes | 9903 | €13,964 | €6,214 | -€7,750 | -55.5% |
| Transfer from deferred taxes | 780 | €2,277 | €876 | -€1,401 | -61.5% |
| Income taxes | 67/77 | €9,303 | €5,241 | -€4,062 | -43.7% |
| Profit (loss) for the period | 9904 | €6,938 | €1,849 | -€5,089 | -73.4% |
| Transfer from tax-exempt reserves | 789 | €6,832 | €2,628 | -€4,204 | -61.5% |
| Profit (loss) for the period to be appropriated | 9905 | €13,770 | €4,476 | -€9,294 | -67.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.